OceanGate, the company whose Titan submersible went missing at the start of the week, released a statement Thursday afternoon saying that it believes that five people on board have all died.

“We now believe that our CEO Stockton Rush, Shahzada Dawood and his son Suleman Dawood, Hamish Harding, and Paul-Henri Nargeolet, have sadly been lost,” the statement said.

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